DGAP-News: mutares AG acquires LeBed SAS
(firmenpresse) - Mutares AG / Acquisition/Mergers&Acquisitions
05.07.2010 18:01
Dissemination of a Corporate News, transmitted by
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Munich, July 1st, 2010
mutares AG, Munich, acquires all assets and takes over all employees of the
French company LeBed SAS from the Recticel Group (Brussels, Belgium). LeBed
designs, manufactures and distributes slatted frames for beds in Western
Europe. The company occupies 67 employees at its Masevaux plant near
Mulhouse, France. With this transaction the Recticel Group intends to
strengthen the focus on its core business.
The company offers a wide range of proprietary designs that are sold
primarily through the major retail and supermarket chains in France. Robin
Laik, founder and member of the executive board of mutares, says: 'Given
its well trained team and its efficient production processes, LeBed has a
great potential. Through further expansion of the sales team we intent to
develop LeBed into a market leader in France. We are excited about the
successful conclusion of this transaction with the Recticel Group.'
mutares AG, Munich (www.mutares.de), acquires midsized companies in whole
and in part, which are sold as a result of a repositioning process at their
owners and which exhibit a clear operational improvement potential. Getting
engaged with their own teams, mutares actively supports their portfolio
companies to generate a significant value increase. The focus of the
operational work is to ensure sustainable, long-term growth.
The stocks of mutares AG are listed at the Open Market segment of the
Frankfurt stock exchange (symbol: MUX, ISIN: DE000A0SMSH2).
For further information, we gladly receive your request at:
mutares AG
Susanne Staudt
Investor Relations&Corporate Communications
Tel: +49 89 9292776-0
Fax: +49 89 9292776-22
info(at)mutares.de
05.07.2010 18:01 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
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Datum: 05.07.2010 - 18:01 Uhr
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